Hi, great, thank you for bringing some light to the "regular staker", this is a great help. So if I got it correct, rewards will only be blocked from the next era, right (if the wallet is still unregistered)?
Yes, staking your ADA will yield additional ADA rewards. You get about 3% APY ADA rewards and it also allows you to vote on things that are happening on Cardano. You also get rewarded for voting.
Yes. If you are delegating to a stake pool, you are powering the network and will earn rewards for doing so. If you become a DRep you can also earn rewards if you make the cut. If you delegate to a DRep, you may also earn rewards but those details aren't clear and we are unsure if that will go through as we are unsure where that ADA should come from (from what I know).
What ever balance that you have in your wallet is your voting power. There isn't a minimum but you will need to be able to at least pay for the transaction fees on each Governance Action.
yes there is a bug on the current release and they're waiting for the latest version to be updated on the Google Chrome Web store. x.com/eternlwallet/status/1830585121986281611
DRep ID (CIP-129): drep1yftc8zs7gjcj4a9nxzplz4wg6cwweya0kxp8adnw59vsyrqvrysud ext Status: Active Never mind it worked now good luck man you have my vote
@sandervg1318 hey mate, I did see that large bag roll on in on the delegation for the DRep. Thank you. Appreciate the support and the confidence in this era.
Some are suggesting buying Bitcoin with the treasury. All that says is that they believe in Bitcoin and not ADA. Those people should just sell their own ADA and go buy Bitcoin and just go away.
Yeh there are a few ideas around that. One that stood out was liquidity on DeFi. Bring in some BTC from other chains via our decentralised bridges like Rosen Bridge and lock on the the BTC into a few protocols to boost Cardano's TVL. It is an attention grabbing headline while also boosting TVL on the chain. It could work but its all a gamble to me.
on my pc i copied "drep127pc58jyky40fvess0c4tjxkrnkf8ta3sfltvm4ptypqc5fgav3", so garanteed no typo this time, but still not able to enter this id in eternl, the error message is "invalid Drep ID".
Thanks for keeping us up to date. How can someone not be a maximalist? I can't even keep up with Cardano by itself.
Good question! Does this make me an ADA Maximalist?
@@LearnCardano It seems so!
DCA ADA !
all day John
Yes please be a drep as well. I’m still staking with you so it’s convenient. Thanks
Thank you! This is my DRep ID: drep127pc58jyky40fvess0c4tjxkrnkf8ta3sfltvm4ptypqc5fgav3
Thanks for the Cardano updates Pete
Thanks for stopping by Paul.
This is a Huge step in the right direction!!
Totally is!
Good job Pete
Glad you enjoyed it
Thanks for the update Pete!
Any time!
Thank you for such valuable content. Keep it up.
So nice of you. Thanks for watching.
The road is still long, but the decisions are now ours. The community decides the direction.
We've just taken the first steps. Next is to ratify that constitution and then fork again to access that treasury.
Thank you so much for uploading content in Spotify! I am trying to disconnect from google/youtube
You're welcome! I think I'm the only Cardano person that does.
very useful about delegation to drep ect. (blockchain governance) thanks for the tip!. 👌
Glad it was helpful! Not many people know and many are getting confused about that fact.
ADAnationalists, I salute 🫡 y’all!
Salute to you too
Hi, great, thank you for bringing some light to the "regular staker", this is a great help. So if I got it correct, rewards will only be blocked from the next era, right (if the wallet is still unregistered)?
Yes, correct
@@LearnCardano Great, thank you so much and greetings from Germany:-)
Lets gooooo!!!🎉
LFG
What happens when I stake my ADA? Does it have benefits? Sorry just a newbie
TIA
Yes, staking your ADA will yield additional ADA rewards. You get about 3% APY ADA rewards and it also allows you to vote on things that are happening on Cardano. You also get rewarded for voting.
If you are delegating in a pool and also you become a drep you will earn from both delagation and drep , so what you need to do for that situation.?
Yes. If you are delegating to a stake pool, you are powering the network and will earn rewards for doing so.
If you become a DRep you can also earn rewards if you make the cut.
If you delegate to a DRep, you may also earn rewards but those details aren't clear and we are unsure if that will go through as we are unsure where that ADA should come from (from what I know).
The Daedalus platform cannot be synchronized. Do you know if there is a problem with it? Thank you.
I can't advise on that at the moment. Mine is still syncing from the 6.0.0 upgrade the other week.
When are you putting out the video on what we need to do with the nano s Ledger hardwallets?
It has been recorded. It just needs to be edited. It should be up in the next 24 hours.
On my other channel too
@@LearnCardano thnx bro. You’re channel is so much help especially for someone like myself
How much ADA do we need to hold in a wallet to be able to vote? Does holding more ADA give that person more votes?
What ever balance that you have in your wallet is your voting power.
There isn't a minimum but you will need to be able to at least pay for the transaction fees on each Governance Action.
What about all the people who own ads but have no idea how to vote or what to vote for?
Least the price went up 😂
LOL OMG, that was painful to see. Always happens. Buy the rumour, sell the news as they say.
We need more transactions on the network
Yes, more activity and more transactions... and I have a sneak suspicion that there will be a lot of voting transactions on chain really soon.
Tried to delegate my wallet to you but it says invalid drep id would like some help
yes there is a bug on the current release and they're waiting for the latest version to be updated on the Google Chrome Web store. x.com/eternlwallet/status/1830585121986281611
@@LearnCardano As soon as it works would you let me know i have a pretty big bag to help you out :)
DRep ID (CIP-129):
drep1yftc8zs7gjcj4a9nxzplz4wg6cwweya0kxp8adnw59vsyrqvrysud
ext
Status: Active
Never mind it worked now good luck man you have my vote
@sandervg1318 hey mate, I did see that large bag roll on in on the delegation for the DRep. Thank you. Appreciate the support and the confidence in this era.
Your welkom good luck @@LearnCardano
Upgrade came and nothing happened lol. Time to sell!!!
Some are suggesting buying Bitcoin with the treasury. All that says is that they believe in Bitcoin and not ADA. Those people should just sell their own ADA and go buy Bitcoin and just go away.
Yeh there are a few ideas around that.
One that stood out was liquidity on DeFi. Bring in some BTC from other chains via our decentralised bridges like Rosen Bridge and lock on the the BTC into a few protocols to boost Cardano's TVL.
It is an attention grabbing headline while also boosting TVL on the chain.
It could work but its all a gamble to me.
I tried enter drep127pc58jyky40fvess0c4tjxkrnkf8ta3sfltvm4ptypqc5fgav3 but its invalid. Can you check typo error?
I cant copy in mobile apo. Maybe i got I with l confused. (I in Iterativ, l in lion), looks all the same here
on my pc i copied "drep127pc58jyky40fvess0c4tjxkrnkf8ta3sfltvm4ptypqc5fgav3", so garanteed no typo this time, but still not able to enter this id in eternl, the error message is "invalid Drep ID".
It is correct. The issue is with eternl which has now been fixed. Just need to make sure you’re on version 1.12.12 of eternl.
@forHeavenSakeOnUs you should be able to delegate now as it was a bug in the wallet that has now been updated.